Plan Ledger DOL Form 5500 · updated monthly

Sandridge Energy, Inc.401(k)

SANDRIDGE ENERGY, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.06%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Sandridge Energy, Inc. reported $24,949 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,948 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.11% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 136th-largest of 724 plans among Oklahoma employers on file, and the 305th of 786 in management of companies. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,335,356
Participants with balances345
Active participants104
Employer contributions$930,612
Employee contributions$938,032
Employer contribution per active participant$8,948
Average account balance$122,711
Benefits paid to participants$3,614,210
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 345 accts · $931K emplr
2023$38.7M · 368 accts · $825K emplr
2022$33.8M · 408 accts · $779K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,949
Total administrative$24,949
The Sandridge Energy, Inc. 401(k) match · 2024
Employer contribution per active participant$8,948
Median for plans this size$2,416
2024$8,948 per active participant
2023$7,568 per active participant
2022$7,084 per active participant

Sandridge Energy, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$24,990

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,949 · 0.06%
2023$27,749 · 0.08%
2022$44,158 · 0.11%
Same employer
Similar plansManagement of Companies · Oklahoma
Diamondback E & P LLC OK$250.7M · 0.08%
Schusterman Interests, LLC OK$172.5M · 0.01%
Lsb Industries, Inc. OK$60.3M · 0.08%
Mach Resources, LLC OK$48.6M · 0.20%
Mabrey Bancorporation, Inc. OK$34.5M · 0.43%
Jrmb II, Inc. OK$30.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208084793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.